taxes Property Tax Assistance

2018 ISD Summary Worksheet

250/Wood

250-904/Quitman ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 149,327,880 N/A 149,327,880 149,327,880
B. Multi-Family Residences 4,799,250 N/A 4,799,250 4,799,250
C1. Vacant Lots 10,780,010 N/A 10,780,010 10,780,010
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,016,922 N/A 11,016,922 11,016,922
D2. Real Prop Farm & Ranch 6,164,770 N/A 6,164,770 6,164,770
E. Real Prop NonQual Acres 244,860,731 N/A 244,860,731 244,860,731
F1. Commercial Real 45,629,305 N/A 45,629,305 45,629,305
F2. Industrial Real 47,130 N/A 47,130 47,130
G. Oil, Gas, Minerals 24,808,110 N/A 24,808,110 24,808,110
J. Utilities 18,976,130 N/A 18,976,130 18,976,130
L1. Commercial Personal 28,374,552 N/A 28,374,552 28,374,552
L2. Industrial Personal 8,516,610 N/A 8,516,610 8,516,610
M. Other Personal 3,091,490 N/A 3,091,490 3,091,490
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,286,510 N/A 1,286,510 1,286,510
S. Special Inventory 597,700 N/A 597,700 597,700
Subtotal 558,277,100 558,277,100 558,277,100
Less Total Deductions 120,546,364   120,546,364 120,546,364
Total Taxable Value 437,730,736 437,730,736 437,730,736 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
458,765,445 437,730,736 458,765,445 437,730,736


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,034,709 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
458,765,445 437,730,736 458,765,445 437,730,736

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified